Advertisement
ERISA
This month ASPPA will be launching the Business Managers & Owners Council (BMOC). BMOC is a new membership add-on designed for ASPPA members who are either owners or senior executives of a qualified plan administration business. Among the diverse offerings BMOC will provide are two conferences...
READ MORE
While it is true that safe harbor 401(k) plans are free from the testing of deferrals and, in most cases, matching contributions, it is also true that there are potential pitfalls that may jeopardize the plan’s qualification status. Our session on Monday, Oct. 27 at the ASPPA Annual Conference will...
READ MORE
A new survey finds that most employers are concerned that the rising cost of health care will lead workers to cut back on retirement savings — and see a holistic approach to both as a potential solution.Health care cost concerns are a growing concern for employers and workers alike, but a new...
READ MORE
The ASPPA Board would like thank the membership for the overwhelming support of the restructuring proposal. The Board is excited about the benefits of the reorganization as we near the effective date of Jan. 1, 2015.Although vetted by outside counsel, in making final preparations for the formal...
READ MORE
The U.S. Supreme Court has agreed to review the Tibble v. Edison Int’l case, it was announced Oct. 2. One of the many “excessive fee” cases being pursued through the federal court system, Tibble arose in California and was the subject of a 9th Circuit Court of Appeals decision last year. The...
READ MORE
A plan sponsor’s decision to eliminate an option to transfer defined contribution account balances to a defined benefit floor-offset plan didn't violate ERISA’s anti-cutback rules, according to a federal appeals court.In Randal Andersen et al. v. DHL Retirement Pension Plan et al. (No. 12-36051),...
READ MORE
The ink is barely dry on the legislation that raised the Pension Benefit Guaranty Corporation (PBGC) premiums, and already there is a proposal to hike them again. In an op-ed that appears in Roll Call, Judy Miller, ASPPA’s Director of Retirement Policy, writes about the prospect and what it means...
READ MORE